MSCI’s broadest index of Asia-Pacific shares outside Japan is up 0.9 per cent, while South Korea’s Kospi has risen 2.1pc to hit a fresh record high for the first time since the war on Iran began, Al Jazeera reports.

S&P 500 e-mini futures were up 0.1pc, while Brent crude slipped 0.4pc to $95.09 a barrel.

Japan’s Nikkei tacked on 1.2pc, while the primary benchmark index for the Australian Securities Exchange, ASX, bucked the trend, slipping 0.3pc.